{"id":43606,"date":"2025-11-27T15:04:59","date_gmt":"2025-11-27T09:34:59","guid":{"rendered":"https:\/\/newzquest.in\/paddy-power-owner-says-raising-online-gambling-taxes-will-hit-profits-hard\/"},"modified":"2025-11-27T15:05:07","modified_gmt":"2025-11-27T09:35:07","slug":"paddy-power-owner-says-raising-online-gambling-taxes-will-hit-profits-hard","status":"publish","type":"post","link":"https:\/\/newzquest.in\/hi\/paddy-power-owner-says-raising-online-gambling-taxes-will-hit-profits-hard\/","title":{"rendered":"Paddy Power owner says raising online gambling taxes will hit profits hard"},"content":{"rendered":"<div class=\"nshorts-card-frame\">\n<div class=\"nshorts-cat lang-en\">\u090f\u0928 \u0936\u0949\u0930\u094d\u091f\u094d\u0938'<\/div>\n<div class=\"nshorts-headline\">Paddy Power owner says raising online gambling taxes will hit profits hard<\/div>\n<div class=\"nshorts-summary\">Flutter says move in budget will affect underlying earnings by about $320m in 2025-26 and $540m in 2026-27.Business live \u2013 latest updatesThe Paddy Power and Betfair owner, Flutter Entertainment, has warned the budget move to increase UK gambling taxes will hit its annual profits by $860m (\u00a3650m) over the next two years.The chancellor, Rachel Reeves, announced on Wednesday that remote online gaming duty would rise from 21% to 40%, while online sports betting \u2013 excluding horse racing \u2013 would increase from 15% to 25%. Continue reading&#8230;<\/div>\n<div class=\"nshorts-link\"><a href=\"https:\/\/www.theguardian.com\/society\/2025\/nov\/27\/paddy-power-owner-says-raising-online-gambling-taxes-will-hit-profits-hard\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Story<\/a><\/div>\n<p><span class=\"nshorts-disclaimer\">Technically enhanced content presented under fair use in public-interest journalism.<\/span><\/div>\n<div class=\"nshorts-audio-section\" style=\"margin-top:15px;padding:10px;background:#f5f5f5;border-radius:5px\"><strong>Listen:<\/strong> <audio controls style=\"width:100%;margin:10px 0\">Your browser does not support the audio element.<\/audio><\/p>\n<p style=\"margin:5px 0\"><a href=\"https:\/\/translate.google.com\/translate_tts?ie=UTF-8&#038;tl=en&#038;client=tw-ob&#038;q=Flutter+says+move+in+budget+will+affect+underlying+earnings+by+about+%24320m+in+2025-26+and+%24540m+in+2026-27.Business+live+%E2%80%93+latest+updatesThe+Paddy+Power+and+Betfair+owner%2C+Flutter+Entertainment%2C+has\" target=\"_blank\" style=\"color:#0073aa;text-decoration:none\">\u2193 Download Audio<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>N Shorts Paddy Power owner says raising online gambling taxes will hit profits hard Flutter says move in budget will affect underlying earnings by about $320m in 2025-26 and $540m in 2026-27.Business live \u2013 latest updatesThe Paddy Power and Betfair owner, Flutter Entertainment, has warned the budget move to increase UK gambling taxes will hit [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowl-PACw:productID":"","footnotes":""},"categories":[2149],"tags":[],"class_list":["post-43606","post","type-post","status-publish","format-standard","hentry","category-news-shorts-en"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/43606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/comments?post=43606"}],"version-history":[{"count":0,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/43606\/revisions"}],"wp:attachment":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/media?parent=43606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/categories?post=43606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/tags?post=43606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}